HOTEL RECEIVERSHIP

When a hospitality property falls to the lender’s control, Paloma is the ideal partner to step in as the operating receiver to assess the situation and determine the best course of action for preserving the property while minimizing liability and preventing further financial loss.  Paloma efficiently and prudently takes action with regards to a troubled property’s accounting and purchasing practices, facility care and operations, cash handling, loss control and fixed and variable costs with an end game of increasing revenues through improved operational controls.